People ex rel. International Banking Corp. v. Raymond

This is a certiorari proceeding to review an assessment upon the capital of the relator, a nonresident corporation, invested in business in this State for the year 1906. The evidence clearly establishes that the business conducted by the relator in this State is continuous and permanent, and under subdivisión 1, section 7, of the Tax Law, as amended, the assessment was properly made. People ex rel. Yellow Pine Co. v. Barker, 23 App. Div. 524; affd., 155 N. Y. 665; People ex rel. Edwards v. Wells, 107 App. Div. 15; affd., 184 N. Y. 275. The circumstances that the relator had not obtained a…